|  | | | | | | Sponsored | Throughout history the oil & gas industry has pushed the limits of technology to drill more efficiently. Mark Garrett, Senior Sales Engineer at TSC Drill Pipe, was recently asked to weigh in on the current trends shaping the drilling industry and impacting today's drilling programs. Here's what he had to say, "Innovation in the drill pipe market has been accelerating over the previous 5-10 years. For starters I've seen a significant increase in... |
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| | | 88 Energy Ltd., Perth, has been awarded a new exploration block (Project Leonis) on the North Slope of Alaska, about 15km southwest of the town of Deadhorse and 25 km north of the operator’s Project Phoenix block. |
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| ExxonMobil is preparing for Payara production to begin later this year as the Prosperity floating, production, storage, and offloading (FPSO) has arrived in Guyana waters. Installation campaigns are ongoing and development drilling is under way. |
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| Eni SpA has let a 2-year contract extension to Saipem for use of the Santorini drillship. The contract extension will give continuity to the ongoing activity and will come into force in August. |
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| | | Parex Resources Inc., Calgary, has begun initial restart of production at Capachos block in Northern Llanos, Colombia, after the restoration of safe working conditions, the company said. |
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| Shell plc subsidiary Shell UK Ltd. completed restart operations at Pierce field in the UK Central North Sea following an upgrade to allow gas to be produced after years of the field producing only oil, the operator said in a release Apr. 18. |
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| Woodside Energy produced 46.8 MMboe in first-quarter 2023, down 9% from fourth-quarter 2022 due to FPSO turnaround, onshore and offshore maintenance activities, and lower Australian east coast gas market demand on Bass Strait. |
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| OMV (Norge) and partners will evaluate an oil discovery in the North Sea to define the volume potential in different reservoir zones and assess the discovery alongside other prospects in the area. |
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| | | Trinity Exploration & Production plc has restored oil production on the Bravo platform in Trintes field, offshore east coast Trinidad. |
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| Equinor Energy AS began production Apr. 8 from Bauge field in the Norwegian Sea. Recoverable reserves at Bauge are estimated at 50 MMboe, mainly oil. |
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| ONE-Dyas BV has let a first contract to N-Sea Group to install a subsea power cable between the Riffgat offshore wind farm and the proposed N05-A gas production platform. |
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| Guyana's Ministry of Natural Resources has extended the Guyana 2022 licensing round bid submission deadline to July 15, 2023. |
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| | | | Sponsored | | Gas lift system optimization methods described in this book establish that superior economic benefits can be achieved if each component of the whole network is reviewed and optimized, instead of optimizing the well performance alone. This book captures how to optimize gas lifted fields using various modeling tools and communications technologies. This book presents a holistic design that assures a comprehensive system methodology. |
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| | | ADNOC has let a 5-year integrated drilling services contract to ADNOC Drilling Co. for development of Upper Zakum field 84 km northwest of Abu Dhabi Islands. |
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| In the company’s 10-year outlook are, among other things, a 7% Permian basin production increase and profitable growth in Alaska in addition to Willow. |
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| Petrobras is restarting production from the Bahia Terra Cluster in Bahia, Brazil, as the company gains restart approvals from the National Agency of Petroleum, Natural Gas and Biofuels. |
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| Aker BP ASA and partners will assess a recent North Sea hydrocarbon discovery alongside others with a view towards possible development. The newest discovery was made in PL 919 about 215 km west of Stavanger. |
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